Early Buyback – Could the council buy back early prior to the council’s decision on the regeneration?
The Council currently has produced the Key Guarantees for homeowners, which was circulated at the recent event. The Key Guarantees would apply to you if your home is proposed for demolition as part of any redevelopment of the Fenwick estate. One of the guarantees available to homeowners is the opportunity to sell the property to the Council ahead of any redevelopment, should you wish to move away from the estate prior to the regeneration starting. This sale would be at market value and would include the Homeloss payment (This would only apply once a Cabinet decision has been made regarding the regeneration).